WHALEY 1
WHALEY 1 is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Comstock Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 1997 to August 2026, totalling 1,013,612 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $27K, with roughly $4K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 54 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 378 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about WHALEY 1
- Who operates WHALEY 1?
- WHALEY 1 is operated by Comstock Oil & Gas, Inc., Railroad Commission of Texas operator number 170054.
- Where is WHALEY 1?
- WHALEY 1 is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 162955.
- Is WHALEY 1 still producing?
- WHALEY 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHALEY 1 is August 2026.
- How much has WHALEY 1 produced?
- WHALEY 1 has reported 1,013,612 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1997 and August 2026, from 1 wellbore.
- How much is WHALEY 1 worth?
- The remaining production from WHALEY 1 is estimated to be worth about $27K in total as of 26 August 2026, within a range of $15K to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHALEY 1 is a fraction of it. The estimate fits an Arps decline curve to the production WHALEY 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHALEY 1 is an estimate of value, not an offer and not an appraisal.
- How much income does WHALEY 1 generate in a year?
- WHALEY 1 is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WHALEY 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Comstock Oil & Gas, Inc. |
|---|---|
| Field | Ware (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 162955 |
| Wellbores | 1 |
| Reported production | 1,013,612 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where WHALEY 1 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.